GlaxoSmithKline (GSK) Is Today's Pre-Market Mover With Heavy Volume Stock

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Trade-Ideas LLC identified GlaxoSmithKline ( GSK) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified GlaxoSmithKline as such a stock due to the following factors:

  • GSK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $144.2 million.
  • GSK traded 573,332 shares today in the pre-market hours as of 8:08 AM, representing 17.3% of its average daily volume.

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More details on GSK:

GlaxoSmithKline plc creates, discovers, develops, manufactures, and markets pharmaceutical products, including vaccines, over-the-counter medicines, and health-related consumer products worldwide. The stock currently has a dividend yield of 5.7%. GSK has a PE ratio of 15. Currently there are 2 analysts that rate GlaxoSmithKline a buy, 1 analyst rates it a sell, and 5 rate it a hold.

The average volume for GlaxoSmithKline has been 3.5 million shares per day over the past 30 days. GlaxoSmithKline has a market cap of $106.6 billion and is part of the health care sector and drugs industry. Shares are up 3.5% year-to-date as of the close of trading on Tuesday.

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